Hydro plans to invest EUR 180 million investment to construct a new state-of-the-art aluminum recycling plant in Torija, Spain. The new facility will supply aluminum billet to the transportation automotive, building and construction, renewable energy installations, and consumer durable markets in Europe. “Worldwide demand for materials like aluminum is growing as we build the infrastructure […]
MetalX, an independent metals recycling business headquartered in Fort Wayne, Indiana, and investment firm Manna Capital Partners plan to invest over $200 million in a new greenfield aluminum recycling campus, with Defiance, Ohio, selected as the site for the new slab manufacturing plant. The site will also include scrap shredding and sorting capabilities and a […]
Closed Loop Partners through its arm Closed Loop Ventures Group is investing in Found Energy, a developer of rechargeable aluminum fuel power systems based in Boston, Massachusetts. This investment is inline with Closed Loop Partners’ focus advancing solutions that reduce waste through material reduction, alternative materials, and reuse and end-of-life solutions like recycling. Found Energy […]
Owl’s Head Alloys in Bowling Green, Kentucky, was awarded a long-term agreement to supply recycled aluminum for the new rolling mill being constructed by Aluminum Dynamics, LLC in Columbus, Mississippi, a newly formed subsidiary of Steel Dynamics. The $2.2 billion rolling mill aims to supply sustainable, low-carbon aluminum sheet products to the beverage can, automotive, […]
By Kevin Widlic, Contributing Editor. The small Michigan town of Cassopolis — population 1,674 — is now home to a recycling plant that will produce 265 million lbs (120,000 tonnes) of aluminum extrusion ingot per year. Hydro celebrated the opening of the recycling plant on November 16 (Figure 1), just 18 months after breaking ground […]
The International Aluminium Institute (IAI) joined the Aluminum Association, European Aluminium, the Aluminium Association of Canada, and the Australian Aluminium Council, along with numerous aluminum producers, recyclers, rolling mills, can makers, and other industry leaders, in calling for urgent actions to be taken to achieve full circularity of aluminum beverage containers to decarbonize the aluminum […]
Irizar e-mobility, a Spanish company that produces electromobility solutions for cities, will be the first company to use Hydro Extrusions’ recycled aluminum profiles produced from green hydrogen in their products. The aluminum profiles will be used in the bodywork of their electric vehicles, such as the “ie tram,” a zero-emission bus with the appearance of […]
Hydro is forming a joint venture with PADNOS, a Midwest leader in recycling and scrap management, to enable more upcycling of post-consumer aluminum scrap. Named Alusort LLC, the 50/50 joint venture will industrialize Hydro’s proprietary sorting technology, HySort®, bringing it to the U.S. market. “Digging deeper into the scrap pile and returning more aluminium to […]
